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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Liatris Spicata who wrote (9489)2/22/2000 9:50:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 9980
 
Larry,

Don't get yourself too worried about that 11,000 word diatribe by the octagenarians in Bejing.

Most of those words were bluster aimed at covering up a MAJOR CONCESSION, namely that Bejing has conceded to deal with Taiwan on a "state to state" basis, and not as a rebel province.

That has been a major obstacle in the past. With Bejing's concession on the issue, it has removed much reason for Taiwan to play its independence card, while providing Bejing another opportunity to participate in sword-rattling.

I don't think it will come to war unless one side or the other makes a terrible miscalculation (and that has been known to happen). But in either case, Bejing lacks the navy or logistical infrastructure necessary to launch such a major amphibious invasion (for now).

Regards,

Ron